Abacus Life Settlements Approved as a Licensed Provider in Wisconsin and North Dakota

ORLANDO, Florida., February 07, 2022 (GLOBE NEWSWIRE) — Abacus Life Settlements, a leading life settlement provider in the secondary life insurance market, today announced that it has been licensed as a life settlement provider in both Wisconsin and North Dakota. With these two additions, Abacus is now authorized to underwrite life insurance policies in 49 States.

Abacus Life Settlements is excited to expand its secondary market services to more than 123,000 residents in the State of North Dakota and 1,048,000 inhabitants in the State of Wisconsin 65 and over. Abacus encourages both Wisconsin and North Dakota font sellers to visit our Life Establishment Learning Center located at www.abacuslifesettlements.com/learning-center/ and use our online pre-qualification and pricing tools.

According to published industry rankings, Abacus has deployed more capital than any other supplier since 2018. With over $200 million allocated to purchasing policies in 2021, Abacus is honored to be among the few vendors who are endorsed by the Office of the Wisconsin Insurance Commissioner and the North Dakota Department of Insurance to work with policyholders residing in each state.

Abacus believes that the recent resurgence of the secondary life insurance market provides older consumers with a valuable source of funding for alternative income-generating investments. For aging baby boomers who may be financially ill-prepared for their own longevity, life settlements can be a source of funds to help pay for long-term care expenses.

“Advisors and their clients in both Wisconsin and North Dakota now have access to our Life Establishment Learning Center and the use of our online pre-pricing and qualification tools,” said Scott Kirby, Managing Partner. “Abacus can buy fonts as little as $100,000and offers multiple settlement solutions, including cash and/or withheld death benefit.”

Abacus officials expressed optimism that the industry’s growth trajectory will remain strong as more seniors choose to optimize their insurance assets and institutional investors capture the yield while protecting investment portfolios from stock market volatility.

On Abacus Life Settlements, LLC

Founded in 2004, Abacus Life Settlements is a licensed direct settlement provider and purchaser headquartered in Orlando, Florida. Abacus is capitalized by several institutional funds, buying life insurance policies on the secondary life insurance market. Abacus meets the needs of Professional advisers and policy sellers seeking to maximize the value of unwanted or no longer needed life insurance policies. Policy sellers, life insurance claim brokers and agents know they can rely on Abacus to provide fair market value for every policy we purchase. For more information, visit www.abacuslifesettlements.com.

Media Contact:

Jeff Smith

Marketing Director

1-800-561-4148

Related links

Abacus Life locations

Qualifying a life settlement

Abacus Life locations | http://www.abacuslifesettlements.com

Related images

Image 1: Abacus Life Map – 49 States

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• Abacus Life Map – 49 States

Abacus Life Map – 49 States

Abacus Life Map – 49 States

Source: Abacus Life Settlements